snoop1130 Posted February 14 Share Posted February 14 BANGKOK (NNT) - Recently, a leading international financial consultancy firm presented a case study indicating that the regulatory framework and practices governing ‘short selling’ and ‘program trading’ in the Thai stock market are comparable to those of peer exchanges. Pakorn Peetathawatchai, President of the Stock Exchange of Thailand (SET), acknowledged the findings and proposed several measures to strengthen oversight in these areas, ensuring they are appropriate for the country's situation. He mentioned that the SET would implement additional mechanisms to control the impact on prices and liquidity from short selling and program trading transactions. Regarding transparency, the SET will provide more detailed public reports on short selling and program trading to aid investors in their decision-making process. Additionally, for monitoring and enforcement, the SET and its member brokers will establish processes and systems for data verification and implement measures to prevent irregular transactions, and pursue penalties for violators and their accomplices, ensuring clarity and fairness. Moreover, the SET will propose that all relevant parties involved in oversight collaboratively adjust various regulations and clearly define the responsibilities of each regulatory body and the SET itself. This aims to facilitate more convenient, swift, and stringent checks and penalties for offenders and their accomplices. Details of these measures will be disclosed to the public as soon as possible after consultation with the regulatory agencies. By Naark Rojanasuvan Full story: NNT 2024-02-14 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe 1 1 Link to comment Share on other sites More sharing options...
flyingtlger Posted February 14 Share Posted February 14 Ready, SET go! Link to comment Share on other sites More sharing options...
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